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lou: not according to nancy pelosi. i don't know if you saw. we reported up the p. >> i didn't. lou: the minority leader actually said, you cann cut your way to deficit reduction. i mean, this isthe kind of mentality that speaker boehner must confront and deal with. one would think that wold be a winner for him, but apparently not. >> i'm saying i am puzzled by the fact that he does not emphasize that much more andd3 really say, i'm not oing to talk but taxes. taxes is not on the table until the president comes forward with the plan on entitlements. lou: you are a formidable gotiator in your own right, experience, and i just want to ask you. why would anyone who is the leader of the republican party, frankly in a position, not insist uponealing with te president o has the superior power, the superior position and advantage,ot insist that any negotiation be at a specific table with specific parameters and in the -- end this nonsen that is at the periphery in permeate -- permeating th media >> that's right. well, the president, and this is one of the reasons why the president may
lou: not according to nancy pelosi. i don't know if you saw. we reported up the p. >> i didn't. lou: the minority leader actually said, you cann cut your way to deficit reduction. i mean, this isthe kind of mentality that speaker boehner must confront and deal with. one would think that wold be a winner for him, but apparently not. >> i'm saying i am puzzled by the fact that he does not emphasize that much more andd3 really say, i'm not oing to talk but taxes. taxes is not on the...
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now they are back to sniping, speaker boehner and nancy pelosi and others going back and forth, that leads me to believe that things are falling apart, do you get that sense? >> we see here -- hear they are negotiating, we'll get a deal, then we hear the fighting going on, if the fighting continues, we're not getting a deal. i don't want a deal if it is just the same old deal that is not good for america. neil: do you worry, as i guy has been around the neck of the woods for a few years, that republicans are losing their verve. some more conservative members have said we lost an election but we did not lose everything that we stand for, yet, everything i hear talked about, are concessions on part of the republicans about revenues, but not so much about spending cuts, where does that put us. >> if we lose our core principle, reigning in spending and creating, be the job creators we'll lose our way the republicans. neil: you don't see the makings of a deal? we're tries to get a sense of the structure right now. you have to have the broad outline of the deal within a couple of days, any
now they are back to sniping, speaker boehner and nancy pelosi and others going back and forth, that leads me to believe that things are falling apart, do you get that sense? >> we see here -- hear they are negotiating, we'll get a deal, then we hear the fighting going on, if the fighting continues, we're not getting a deal. i don't want a deal if it is just the same old deal that is not good for america. neil: do you worry, as i guy has been around the neck of the woods for a few years,...
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it is idiotic and nancy pelosi, she is a -- econist. that is it a guy who drives the car by looking in the rear view mirror and goes around and seriously she's more interested in "saving the economy" than doing something correct or doing it right. by the way, recentl and i saw this on ather network, forgive me, they were talking about unemployment and t they were saying that the idea of unemployment insurance stretching out to 99 weeks where they wod start a guy in the midwest in manufacturing and start somebody on a job . they would train him agree to train him if he was not skilled . that tells you about the federal training programs . get him a job. no, we rather collect the unemployment. >> one of my fave identity economist is it christian dorsey . this is a perfect question for you i got to say. every dollar that they take in they will spend and there is it an economic benefit and i believe you agree with that as well. >> i is not that controversial. who sonot drawing in economy and they get one that will help the economy and suppo
it is idiotic and nancy pelosi, she is a -- econist. that is it a guy who drives the car by looking in the rear view mirror and goes around and seriously she's more interested in "saving the economy" than doing something correct or doing it right. by the way, recentl and i saw this on ather network, forgive me, they were talking about unemployment and t they were saying that the idea of unemployment insurance stretching out to 99 weeks where they wod start a guy in the midwest in...
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nancy pelosi has said that if you want to find out what's in it, just pass it. we are finding out and we are going to have a terrific group of people, including john cruz, the vice president of hsbc, who is the whistleblower on the $1.9 billion in fines if they just had to pay for money laundering along with middle eastern terrorists. mexican drug cartels, african dictators, all of the really nice people that they had no idea where problem. by the way, nobody going to jail will be taking that up. we will have coming up next. tracy: all right, "lou dobbs tonight" at 7:00 p.m. and 10:00 p.m. eastern. when we come back, how to beat the street. covering your assets with tips with picking winners on wall street. stay with us you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. tracy: earnings season kicks off less than a month from now. coming up next, we will tel
nancy pelosi has said that if you want to find out what's in it, just pass it. we are finding out and we are going to have a terrific group of people, including john cruz, the vice president of hsbc, who is the whistleblower on the $1.9 billion in fines if they just had to pay for money laundering along with middle eastern terrorists. mexican drug cartels, african dictators, all of the really nice people that they had no idea where problem. by the way, nobody going to jail will be taking that...
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the democrats like nancy pelosi, susan, saying that, you know, republicans don't get it. they are fiddling while rome burns. >> here's the problem with the polls you mentioned. that poll is interesting and instructive, but the poll that republicans are going to pay attention to is not the one you cited. the one poll -- the poll the republicans pay attention to is the one that blames them. actually, there's several that pin it on republicans saying the public thinks that boehner's doing the worst job. if they are paying attention to that lou, that could have more influence on the outcome. lou: i accept everything but the reading of their minds and ask you -- >> i can actually read their minds. lou: as always, i bow to superpowers, but the fact is i don't understand how the republicans over the course of this entire episode, and i will call it that, an incident, i guess, on the first of january, but why they have not developedded a message and a strategy and a response because they are an immensely powerful position. >> lou, you just backed up my whole argument because they
the democrats like nancy pelosi, susan, saying that, you know, republicans don't get it. they are fiddling while rome burns. >> here's the problem with the polls you mentioned. that poll is interesting and instructive, but the poll that republicans are going to pay attention to is not the one you cited. the one poll -- the poll the republicans pay attention to is the one that blames them. actually, there's several that pin it on republicans saying the public thinks that boehner's doing...
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you don't see mitch mcconnell or nancy pelosi. you see john boehner, the speaker of the house, the republican leader, and the president. >> we're going to have all the latest of all the week's politics, sunday on "this week." james carville, and mary matalin and paul krugman join george will on our powerhouse roundtable. elizabeth? >>> now, to the latest scare for john mcafee, who is wanted for questioning in a murder in belize. he collapsed at the detention center where he was being held. he was rushed to the hospital. at first, they thought he might have suffered a heart attack. he's back in detention. and matt gutman is in guatemala city with the latest twist in this bizarre case. good morning, matt. >> reporter: good morning, elizabeth. i spoke to john mcafee last night. he said his attorneys are working on five separate actions that could delay his deportation to belize, at least by a couple of days and free him from this detention center. and it follows what was arguably the most bizarre day in his month-long run from the la
you don't see mitch mcconnell or nancy pelosi. you see john boehner, the speaker of the house, the republican leader, and the president. >> we're going to have all the latest of all the week's politics, sunday on "this week." james carville, and mary matalin and paul krugman join george will on our powerhouse roundtable. elizabeth? >>> now, to the latest scare for john mcafee, who is wanted for questioning in a murder in belize. he collapsed at the detention center...
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nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >> neil: that's what i'm hearing. driving it further apart. >> yeah, you not going to make it happen that way. there is beginning to be -- there are two conspiracy theories now. one is that the leaders won't mind if the country goes over the cliff because they'll come back under that pressure and negotiate a deal in january. that is high risk, russian roulette. >> neil: your own gut tells you what? >> my gut is not sending me a clear signal now. i felt all along in the final analysis, the congress would not let the country go over the cl
nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say...
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gerri: o what you torespondto what nancy pelosi had tosay about hostage-ting today. pretty dramatic comments. th is nncy pelosi. >> the republicans are sayg that rather than pasing that they want to hold it hostage, giving an additional ax cut to people maing oer $250,000 a year. that i not negotiating. that is hostage-taking. gerri: how would you repondo that? >> wel i would respond by saying that it is just the opposite of that in my opinion. the hostage-taking right now is that this presidenthas drawn a line in the sand. he's onltalking out one side ts equation. we have crisis here in washington. are spendg currently a trillion dollars more than we are bringing in. this president under hs first four years increase the size of our federal government spending by 25 percent, and now he's king for more stimulus money. unfettered control. this really is a hostage situation, and thiis not wha the american people need. we have million americans looking f jos, searching for jobs. we don't need to add dditional taxes. gerri: coerswoman, look. the americapublic is goino bla
gerri: o what you torespondto what nancy pelosi had tosay about hostage-ting today. pretty dramatic comments. th is nncy pelosi. >> the republicans are sayg that rather than pasing that they want to hold it hostage, giving an additional ax cut to people maing oer $250,000 a year. that i not negotiating. that is hostage-taking. gerri: how would you repondo that? >> wel i would respond by saying that it is just the opposite of that in my opinion. the hostage-taking right now is that...
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america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state here in the country. someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, t
america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state here in the country. someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african...
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if this wasn't buffett, this was a clear, clear violation of that so-called nancy pelosi, let's try to tax the wealthy people as much as we possibly can. and why is it that the general media refuses to call bev fuffe out on this? i don't know, but it upsets me. >> wait till next year and you pay higher taxes because i believe the tax rate should go higher. do you think warren buffett is writing a check to the government for this year's taxes because he thinks he should pay higher taxes? no. >> the seller wanted an incentive to have the higher capital gains in this year. my point is that buffett made it quite easy for his friend to be able to pay less taxes to the government. and we're in a, as you clearly saw from the boehner press conference, we're in an environment where the wealthy people, somebody who sells a billion dollars worth of stock should pay the most taxes. >> that he didn't want to see 9200 shares of class "a" stock all at once and cause panic? >> could have been. could have been. but come on, folks in the general media, folks at "the new york times," be a little more hyp
if this wasn't buffett, this was a clear, clear violation of that so-called nancy pelosi, let's try to tax the wealthy people as much as we possibly can. and why is it that the general media refuses to call bev fuffe out on this? i don't know, but it upsets me. >> wait till next year and you pay higher taxes because i believe the tax rate should go higher. do you think warren buffett is writing a check to the government for this year's taxes because he thinks he should pay higher taxes?...
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and as minority leader nancy pelosi today declared with americans making their lists of holiday shopping and calculating their year-end finances, now is no time for playing politics. >> it is not a time to inject even more uncertainty into the lives of the american people and the economy of our country and what that means globally. it simply isn't the time. many of these ideas are bad at any time, but they're particularly harmful at this time. >> and while speaker boehner bemoans the lack of spending cuts, white house spokesman jay carney was happy to hold up the physical evidence of those cuts in today's briefing. >> pages 17 to 45 details on proposed spending cuts by the president. what we haven't seen from republicans to this day is a single specific proposal on revenue. >> i wonder why that would be? sheer stubbornness or might there be some sort of strife in the republican power structure? majority leader, harry reid. >> they can't decide what they're going to do. we have heard about the infighting going on with the house leadership, boehner is having trouble finding help from his l
and as minority leader nancy pelosi today declared with americans making their lists of holiday shopping and calculating their year-end finances, now is no time for playing politics. >> it is not a time to inject even more uncertainty into the lives of the american people and the economy of our country and what that means globally. it simply isn't the time. many of these ideas are bad at any time, but they're particularly harmful at this time. >> and while speaker boehner bemoans...
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and richand trunka who gloated about nancy pelosi, quote, shoving obamacare down the throats of republicans and out their back sides. this is the kind of new tone of civility that obama represents, and you know what? once again, silence is complicity because we haven't heard a word of condemnation from the white house about all of this. >> sean: it's interesting. i have a moppettage. the president often calls for civility. but that's only in the case of the tucson shooting. vinever seen an instance where he has taken on his own side in a sister soldier moment, as we call it. but he does lecture conservatives, republicans all the time in a lecture about civility. let me remind people. >> i do believe, there is hope for civility. i do believe there is hope for progress. >> i hope we will continue to engage each other with the spirit of civility and seriousness that has brought us this far. >> i still believe that we can act when it's har. i still believe we replace arimon wecivillity and gridlock with progress. i still believe we can do great things. >> sean: republicans want dirty air and wa
and richand trunka who gloated about nancy pelosi, quote, shoving obamacare down the throats of republicans and out their back sides. this is the kind of new tone of civility that obama represents, and you know what? once again, silence is complicity because we haven't heard a word of condemnation from the white house about all of this. >> sean: it's interesting. i have a moppettage. the president often calls for civility. but that's only in the case of the tucson shooting. vinever seen...
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but today, he got a little free advice from none other than majority leader nancy pelosi. listen to her advice to mr. boehner. >> do you know what it was like for me to bring a bill to florida to fund the war in iraq? it's tough. but you have to do it. so is the point that you don't want to put your members on the spot? figure it out. we did. figure it out. >> figure it out. sound advice. >> we did. [ laughter ] >> it's true, i think that pelosi, that example, is a really vivid one, if nothing else. considering the opposition that the democrats had. the compromise that she had to make. and, as i said, there are compromising going on that we don't know about. a lot of what boehner is doing is posturing in order to appeal to people on the base and to donors. he needs to look like he fought the good fiegts. in public, it needs to look like he's really standing up for conservative principles, however confused those may be. and, in private, he may be making deals. he's known to be a man who is good at that kind of politics. this is sort of the thing where it is interesting to s
but today, he got a little free advice from none other than majority leader nancy pelosi. listen to her advice to mr. boehner. >> do you know what it was like for me to bring a bill to florida to fund the war in iraq? it's tough. but you have to do it. so is the point that you don't want to put your members on the spot? figure it out. we did. figure it out. >> figure it out. sound advice. >> we did. [ laughter ] >> it's true, i think that pelosi, that example, is a...
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lynne says probably and we will see in april, is he the nancy pelosi -- oh oh oh man. is he the nancy pelosi of madison? we all have the shot and wait till april to see if it worked. passing the bill in order to -- julie says this. you are wrong. i have chronic bronchitis and asthma. influenza is a respiratory illness. if i get it it will probably kill me. i don't understand your adamant disagreement about getting a flu shot. sylvan disagrees with me as well. think of others. get a flu shot. it is not all about you and your health. oh yes it is. i am sorry. i take your comments seriously. follow us on facebook. excellent conversation all day long. we have been in the christmas spirit for a while on "varney and company". playing holiday music all month. even though dozens of new christmas albums are made every year, classic christmas songs, the most popular. find out why at 10:45. it whenever heard of the small town of machine? is in belgium. i am sure you have heard of gerard depardieu, the french actor, he is moving there. he's leaving france. here is my take on why h
lynne says probably and we will see in april, is he the nancy pelosi -- oh oh oh man. is he the nancy pelosi of madison? we all have the shot and wait till april to see if it worked. passing the bill in order to -- julie says this. you are wrong. i have chronic bronchitis and asthma. influenza is a respiratory illness. if i get it it will probably kill me. i don't understand your adamant disagreement about getting a flu shot. sylvan disagrees with me as well. think of others. get a flu shot. it...
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house minority leader nancy pelosi says democrats will knot discuss or talk social security. house speaker john boehner is still resistant to any tax rate increase. there are questions if we start to get closer to the new year when nearly every federal income tax rate is supposed to increase, would republicans still put a bill on the floor that would give the president what he wants on tax rates, just allow taxes to increase for families earning more than $250,000 a year? to that the speaker was noncommittal. >> the law of the land today is that everyone's income taxes are going to go up on january the 1st. i have made it clear that i think that is unacceptable. but, until we get this issue resolved that risk remains. >> in case of emergency the house should break the glass. the, house speaker ought to allow the republicans to vote on extending tax cuts for 98% of the american people. that would deal with a chunk of the so scald -- called fiscal cliff. >> short while ago house minority leader nancy pelosi says she hoped to get this done by christmas. that is looking closer an
house minority leader nancy pelosi says democrats will knot discuss or talk social security. house speaker john boehner is still resistant to any tax rate increase. there are questions if we start to get closer to the new year when nearly every federal income tax rate is supposed to increase, would republicans still put a bill on the floor that would give the president what he wants on tax rates, just allow taxes to increase for families earning more than $250,000 a year? to that the speaker...
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nancy pelosi leads the democratseads in the house of representatives. we're pleased to have her with this m us.good good morning. >> good morning. >> where are these negotiations? when they were bargaining over the grand bargain you gave the the president and your caucus did cus d room to go in there and negotiate. he has that i assume, again, sosume he can put spending cuts and cuts and entitlement cuts on the table.he presi >> the president knows our views, sha views, shares our values. we respect his leadership and there's a recognition that he he may need our votes.e's n >> but there's no red line for you and the democrats in the use. house. you want the president to make a deal and deal and lay out what he can do.do. >> that is true. t however, we want what happens toe of the be fair and to work.e and one of the things we object to is raising the medicare age. red >> it's not a red line for you?g that >> it's something that says don't go there because it doesn't produce money. what others, what do we need?here? reneed resources, we need cuts and we
nancy pelosi leads the democratseads in the house of representatives. we're pleased to have her with this m us.good good morning. >> good morning. >> where are these negotiations? when they were bargaining over the grand bargain you gave the the president and your caucus did cus d room to go in there and negotiate. he has that i assume, again, sosume he can put spending cuts and cuts and entitlement cuts on the table.he presi >> the president knows our views, sha views, shares...
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then nancy pelosi came out and said, look, where have you been john boehner. they went back to jawboning and that is never constructive. when you are ripping each other in public, there is no way you could be doing much in private. connell: i keep waiting for them to wake up and there be a big bargain. to the republican path of leverage to get the spending cuts. gerri: they will offer the tax hikes and they will say we offered the tax hikes. they will go on record as risking a click event. they will say we did our part. no one wins in an environment where you could potentially hurl into a recession. the sense that i got from these guys is they will probably gather something. they really have too have at least the outline of a deal by friday or this weekend. i know that sounds bizarre, but they have three days to mark up a bill. three days to put it in conference. another three days to review. i am including the weekend days as they go forward here. they could change that. one would say, well, you know, we can change these rules and they can. it is either frida
then nancy pelosi came out and said, look, where have you been john boehner. they went back to jawboning and that is never constructive. when you are ripping each other in public, there is no way you could be doing much in private. connell: i keep waiting for them to wake up and there be a big bargain. to the republican path of leverage to get the spending cuts. gerri: they will offer the tax hikes and they will say we offered the tax hikes. they will go on record as risking a click event. they...
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remember when nancy pelosi said this before obamacare was passed? >> we have to pass the bill so that you can find out what is in it away from the fog of the controversy. >> steve: well, the law has passed and the fog of the controversy has gone with it. you know what? even some democrats don't like what they see now. that's because obamacare, i guess they didn't know this -- contains a tax on medical devices that threatens to cripple an industry and the job that come with it. stuart varney is here to explain. okay. it was passed by a -- the democrats got this thing through and now a whole bunch of democrats, senators, say hey, wait a minute. medical device tax? we captain afford this. it's been in there the whole time. >> yes, but now they finally read the 300-page -- 2013-page bill. now 17 senate democrats, that's a very large chunk of the democrats in the senate, 17 of them have written a letter to majority leader harry reid and said please, delay the imposition of this tax. on january 1, medical device tax takes effect. 2.3% on all medical devic
remember when nancy pelosi said this before obamacare was passed? >> we have to pass the bill so that you can find out what is in it away from the fog of the controversy. >> steve: well, the law has passed and the fog of the controversy has gone with it. you know what? even some democrats don't like what they see now. that's because obamacare, i guess they didn't know this -- contains a tax on medical devices that threatens to cripple an industry and the job that come with it....
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the president met with boehner after huddling friday with house minority leader nancy pelosi and telephoning senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> but house republicans, the key to any fiscal cliff deals remains suspicious. >> the president wants the rates to go up, that doesn't solve the problem. we don't want to be back here in another year, in another ten years answering the same questions. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >
the president met with boehner after huddling friday with house minority leader nancy pelosi and telephoning senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president...
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today boehner and nancy pelosi back to finger pointing. >> a lot of people know the president and i met on sunday. it was a nice meeting, cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would do to respond to what the speaker has said, though, is to set the record straight. the fact is that the president has and democrats agree with him, agreed to over $1.5 trillion, $1.6 trillion in cuts and the budget control act and other acts of congress in this -- in this particular congress. $1.6 trillion in cuts. where are the cuts? they're in bills that you, mr. speaker, have voted for. >> so it all comes down to tax revenues and spending cuts. tom foreman gives us a virtual view of what is involved in negotiations. watch. >> what you're looking at in the room is everything the federal government spends m
today boehner and nancy pelosi back to finger pointing. >> a lot of people know the president and i met on sunday. it was a nice meeting, cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would...